Keystone XL oil pipeline: What you need to know about the dispute - LA...
|
|
- Chester Higgins
- 6 years ago
- Views:
Transcription
1 1 of 6 3/30/2015 9:45 AM Keystone XL oil pipeline: What you need to know about the dispute By KURTIS LEE MARCH 6, 2015, 11:44 PM ne of the biggest environmental controversies of the Obama administration got locked up in Congress again this week, when the Republican-controlled Senate failed to override President Obama's recent veto of legislation that would have forced a decision on the Keystone XL pipeline. From the halls of Congress to courthouses in heartland states, the project has created a stark divide. Critics believe the planned 1,179-mile pipeline undermines efforts to slow climate change and could threaten a crucial aquifer. On the other hand, construction of the pipeline would undoubtedly create jobs. But what then? With debate over the pipeline nearing its peak, here's some background: What is the Keystone XL pipeline? Its genesis was in the early 2000s, when oil prices rose and the extraction of petroleum from the remote tar sands in northern Canada became lucrative. Oil companies needed a quick way to transport the oil to refineries on the Gulf Coast, and they argue that a pipeline is the quickest, cheapest, safest way. TransCanada Corp., a Calgary-based energy infrastructure firm, hopes to extend a 36-inch-wide pipeline 1,179 miles from Alberta, Canada, to Steele City, Neb. The company estimates it will cost about $8 billion and will transport 830,000 barrels of oil each day to refineries in Texas. Keystone XL is the last of four phases of a larger Keystone pipeline system.
2 2 of 6 3/30/2015 9:45 AM In 2008, TransCanada received approval from the Bush administration for an initial phase, as well as authorization from several states along the route of one part of the pipeline. That first phase connected 2,147 miles of pipeline between Hardisty, Alberta; Steele City, and Patoka, Ill. It was completed in The second phase added about 300 miles between Steele City and Cushing, Okla. That was completed in A third phase in 2014 connected 487 miles of pipeline from Cushing to Port Arthur, Texas. (A smaller lateral extension from Port Arthur to Houston is scheduled to be completed this year.) What are tar sands, and how are they different from oil transported by other pipelines? Tar sands, also known as oil sands, are a mixture of mostly sand, clay, water and a thick, viscous substance called bitumen. Bitumen is made of hydrocarbons and is used to produce gasoline and other petroleum products. Extracting bitumen from tar sands and refining it into products like gasoline is costlier and more difficult than extracting and refining liquid oil. What is the argument for constructing Keystone XL? TransCanada notes that the pipeline could help reduce the amount of oil the United States imports from the Middle East and South America. There are other economic benefits: A U.S. State Department report estimates that about 42,000 jobs will be created during its construction. However, the same report notes that only 35 of them would be permanent. A pipeline ships faster than trains, which in any case don't have the capacity to handle as much oil as a pipeline. And pipeline backers say trains are more hazardous than a pipeline because of the risk of accidents and oil spills. Recent accidents in West Virginia, South Dakota and elsewhere have been used as ammunition by pipeline supporters. Why has it been so controversial? Nebraska has been a key area of controversy. On its current
3 3 of 6 3/30/2015 9:45 AM proposed path, the final phase of the pipeline passes northeast of the Nebraska Sandhills and over the Ogallala Aquifer, a 225,000- square-mile underground pool that runs from South Dakota to Texas. Environmentalists and ranchers fear that leaks could contaminate the aquifer, which provides drinking water to millions of Americans in heartland states. TransCanada notes the route of the pipeline runs well east of most of the aquifer. Climate change is another issue. Greenhouse gas emissions are at least 8% higher for oil extracted from tar sands than conventional crude, and possibly more. Conservationists argue that money and time spent extracting oil could be used on more climate-friendly sources of energy, such as wind and solar. Environmentalists also argue that oil sands crude is more corrosive and toxic than conventional crude oil, therefore making a spill more damaging. TransCanada has pointed to other scientific reports refuting this. What was going on in the Nebraska court case? A 2012 law allowed Nebraska's governor at the time, Dave Heineman, to bypass the state's Public Service Commission and give the pipeline a go-ahead through the state. A year ago, a state court ruled that this law was unconstitutional, leaving the pipeline with no approved route through Nebraska. The state Supreme Court reversed that decision in February, ruling that the governor can indeed approve the pipeline's route. The decision improved prospects for the pipeline, but it still needs federal approval. Will the Keystone XL pipeline make the U.S. less dependent on foreign oil? TransCanada says yes. Of the more than 15 million barrels of oil the U.S. consumes each day, about 60% are imported from countries like Saudi Arabia and Venezuela. TransCanada says it can displace much of the higher-priced oil that Gulf Coast refineries currently import from abroad. Also of note: About a quarter of the pipeline's capacity is slated for crude oil produced in the Bakken region of North Dakota and Montana.
4 4 of 6 3/30/2015 9:45 AM Will oil transported through Keystone XL be exported? Many opponents of the pipeline argue that oil will be transported out of the country. Last fall, while in Australia, Obama described the pipeline as shipping "Canadian oil to world markets, not to the United States." But Gulf Coast refineries have signed long-term contracts for Keystone oil, and many experts believe they will end up refining most if not all of the oil shipped through Keystone. What are the transport alternatives if the pipeline isn't completed? Trains are the main alternative, but the rail system doesn't have the capacity for the 830,000 barrels of oil the pipeline is expected to carry each day. Trucks are even slower. In 2013, the United States shipped about 8.3 billion barrels of crude oil, according to the Assn. of Oil Pipelines. Trains carried only about 291 million barrels of oil that year, according to the Assn. of American Railroads. What is the political split on this issue? A 2014 Pew survey found that 61% of Americans support construction of Keystone XL, while 27% are opposed. Among Republicans, 84% support construction but only 49% of Democrats favor it. Why did President Obama veto a bill that would have expedited the pipeline's construction? Because the pipeline crosses an international border, the U.S. State Department is reviewing the proposal to decide whether it serves the United States' national interests. Obama has consistently said that he would allow the review to run its course before he decides whether the pipeline should go forward. However, Republicans in Congress want to bypass that process and issue an immediate permit. A measure that would have forced Obama to make a decision on the pipeline passed the Republican-controlled Congress in February. It was among the first measures passed by the new Congress after Republicans saw sweeping victories in the midterm election. Obama, as promised, vetoed the measure. The State Department
5 5 of 6 3/30/2015 9:45 AM continues to review the benefits and risks associated with the pipeline plan. That review should be completed this year. Obama could still offer a permit to green-light the pipeline once the State Department process is complete. What's next in the pipeline debate? In the short term, Republicans have vowed to attach a version of the Keystone bill to a future appropriations measure, which would make it difficult for Obama to veto. kurtis.lee@latimes.com Copyright 2015, Los Angeles Times
U.S. Department of State Confirms Keystone XL Q Decision Timeline
NewsRelease U.S. Department of State Confirms Keystone XL Q1 2013 Decision Timeline Calgary, Alberta June 15, 2012 TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) responded to the U.S. Department
More informationGRANT MARTIN. Forum. Impact of the Economic Downturn on the Development of the Canadian Oil Sands
Forum Impact of the Economic Downturn on the Development of the Canadian Oil Sands GRANT MARTIN Director Supply Chain Management Commercial Support TransCanada TransCanada Keystone Pipeline Canadian Market
More informationKeystone Pipeline System: Gulf Coast Pipeline & Keystone XL Pipeline
Keystone Pipeline System: Gulf Coast Pipeline & Keystone XL Pipeline Natural Gas and Energy Association of Oklahoma May 9, 2013 TransCanada Enterprise Value ~$50 billion North America s Largest Natural
More informationKeystone XL Pipeline Project: Key Issues
Paul W. Parfomak Specialist in Energy and Infrastructure Policy Robert Pirog Specialist in Energy Economics Linda Luther Analyst in Environmental Policy Adam Vann Legislative Attorney December 2, 2013
More informationSocial License for Energy Projects
Social License for Energy Projects Keystone Oil Pipeline an unfinished Case Study Remarks of William C. (Bill) Taylor CCRE Energy Roundtable Forward-Looking Information This presentation contains certain
More informationCanadian Oil Sands. Energy and Economic Security. February 21, Cindy Schild, API Senior Manager Downstream Operations
Canadian Oil Sands Cindy Schild, API Senior Manager Downstream Operations February 21, 2012 Energy and Economic Security Overview Security of Supply Energy Security Economic Security Pipeline Transportation
More informationKeystone XL Pipeline: Overview and Recent Developments
Keystone XL Pipeline: Overview and Recent Developments Paul W. Parfomak Specialist in Energy and Infrastructure Policy Linda Luther Analyst in Environmental Policy Richard K. Lattanzio Analyst in Environmental
More informationStatement of the Institute for 21st Century Energy. U.S. Chamber of Commerce. ON: Keystone XL and the National Interest Determination
DATE: March 13, 2014 TO: Senate Foreign Relations Committee ON: Keystone XL and the National Interest Determination U.S. Chamber of Commerce Statement of the Institute for 21st Century Energy Keystone
More informationKeystone XL Pipeline: Overview and Recent Developments
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 1-5-2015 Keystone XL Pipeline: Overview and Recent Developments Paul W. Parformak Congressional Research Service
More informationPrepared for Consumer Energy Alliance. By: Bernard L. Weinstein, Ph.D., Terry L. Clower, Ph.D., and Nicholas J. Saliba, B.B.A., B.S., B.A.
The Keystone/Gulf Coast Pipeline System: A Catalyst for American Jobs and Energy Security Prepared for Consumer Energy Alliance By: Bernard L. Weinstein, Ph.D., Terry L. Clower, Ph.D., and Nicholas J.
More informationTar Sands US Infrastructure Development
Plains Justice Environmental Justice for the Great Plains Tar Sands US Infrastructure Development Paul Blackburn, J.D. Staff Attorney, Plains Justice 100 First Street Southwest Cedar Rapids, IA 52404 Tel.
More informationTar sands/ Oil sands: Pros and Cons
Tar sands/ Oil sands: Pros and Cons You might not know this, but Canada has oil reserves of 170 billion barrels, more than Iran and Nigeria combined. This fact is not widely known since much of that oil
More informationKeystone XL Pipeline Project: Key Issues
Paul W. Parfomak Specialist in Energy and Infrastructure Policy Robert Pirog Specialist in Energy Economics Linda Luther Analyst in Environmental Policy Adam Vann Legislative Attorney November 5, 2012
More informationPipelines: Government Decision-Making
Pipelines: Government Decision-Making Publication No. 2012-14-E 13 September 2012 Penny Becklumb Industry, Infrastructure and Resources Division Parliamentary Information and Research Service Pipelines:
More informationTar sands/ Oil sands: Pros and Cons. Activity
Tar sands/ Oil sands: Pros and Cons Activity Task: You will be reading an article about the impact of tar sands on the economy, environment, and people. There are many pros and cons to tar sands and oil
More informationExpanding Market Access for Alberta s Oil Resources
Expanding Market Access for Alberta s Oil Resources Presentation for the Crude Markets & Rail Take Away Summit Richard Masson, CEO Alberta Petroleum Marketing Commission (APMC) Agenda Alberta s Challenge
More informationAlberta s Role in North American
Alberta s Role in North American Energy Security Honorable Iris Evans Minister of International and Intergovernmental Relations Province of Alberta September 16, 2010 U.S. Oil Supply 2009 Sources of US
More informationKeystone XL Pipeline Project: Key Issues
Paul W. Parfomak Specialist in Energy and Infrastructure Policy Neelesh Nerurkar Specialist in Energy Policy Linda Luther Analyst in Environmental Policy Vanessa K. Burrows Legislative Attorney March 4,
More informationKeystone XL Pipeline Project: Key Issues
Paul W. Parfomak Specialist in Energy and Infrastructure Policy Neelesh Nerurkar Specialist in Energy Policy Linda Luther Analyst in Environmental Policy Adam Vann Legislative Attorney August 29, 2011
More informationPipeline to Nowhere? Uncertainty and unanswered questions about the Enbridge Northern Gateway pipeline. December 2010.
Pipeline to Nowhere? Uncertainty and unanswered questions about the Enbridge Northern Gateway pipeline December 2010 Nathan Lemphers Technical and Policy Analyst, Oilsands Program Background Enbridge has
More informationAsphalt Supply 101. David C. Punnett Manager Business Development Asphalt and Fuel Supply, LLC
Asphalt Supply 101 David C. Punnett Manager Business Development Asphalt and Fuel Supply, LLC Always Consider Your Surroundings Always Consider Your Surroundings, The Sequel Gluts and disconnects Glut
More informationFrom Peak Oil to Peak Uncertainty: The New Above Ground Risks
From Peak Oil to Peak Uncertainty: The New Above Ground Risks Niagara Institutional Dialogue June 20-22, 2017 Dr. F.L. (Ted) Morton Senior Fellow, School of Public Policy Senior Fellow, Manning Centre
More informationThe Shape I m In - Western Canadian Crude Price Collapse
A RBN Energy Drill Down Report Copyright 2018 RBN Energy The Shape I m In - Western Canadian Crude Price Collapse Rising Production, Pipeline Takeaway Constraints and Huge WCS Price Discounts Western Canadian
More informationKeystone XL Pipeline Project: Key Issues
Paul W. Parfomak Specialist in Energy and Infrastructure Policy Neelesh Nerurkar Specialist in Energy Policy Linda Luther Analyst in Environmental Policy Adam Vann Legislative Attorney December 12, 2011
More informationEnergy East Pipeline. Economic Developer s Association of Canada Conference. Energy Program. September 29, 2014
Energy East Pipeline Economic Developer s Association of Canada Conference Energy Program September 29, 2014 Forward-looking Information This presentation contains certain information that is forward looking
More informationKey Priorities and Challenges for Canadian Oil
Key Priorities and Challenges for Canadian Oil Canadian Heavy Oil Association April 15, 2013 Greg Stringham 1 Photo: Cenovus Enabling Responsible Development 2 Global Primary Energy Demand 20,000 18,000
More informationKeystone XL Pipeline Project: Key Issues
Paul W. Parfomak Specialist in Energy and Infrastructure Policy Neelesh Nerurkar Specialist in Energy Policy Linda Luther Analyst in Environmental Policy Adam Vann Legislative Attorney January 26, 2012
More informationThe Cost of the Missing Pipeline. Constraints and Adaptation
The Cost of the Missing Pipeline Constraints and Adaptation An Alternative View on Pipeline Projects Case 1 WBI Transmission Pipeline / Dakota Pipeline in the Bakken area in North Dakota Gas Pipeline from
More informationA Primer on the Canadian Oil Sands
A Primer on the Canadian Oil Sands An EPRINC Briefing Memorandum November 2010 Overview Canadian oil sands have long been recognized as one of the world s largest endowments of oil resources with over
More informationCasper Terminal Acquisition
Casper Terminal Acquisition October 2015 Cautionary Statements This presentation may contain forward-looking statements within the meaning of U.S. federal securities laws, including statements related
More informationWhite Cliffs Pipeline. David Minielly VP Operations
White Cliffs Pipeline David Minielly VP Operations 1 Forward-looking Information Certain matters contained in this presentation include forward-looking statements within the meaning of Section 27A of the
More informationAn XL Proposal with Larger Consequences
An XL Proposal with Larger Consequences The argument over the Keystone pipeline pits economic gains versus the maintenance of the environment. However, the economic gains the pipeline would create may
More informationNorth American Energy Integration: The Canadian Perspective. A Working Paper of the Americas Society/Council of the Americas Energy Action Group
North American Energy Integration: The Canadian Perspective A Working Paper of the Americas Society/Council of the Americas Energy Action Group North American Energy Integration: The Canadian Perspective
More informationCushing Canadian Congestion & Keystone XL A Review of Logistics Options
Cushing Canadian Congestion & Keystone XL A Review of Logistics Options Martin Tallett EnSys Energy 1775 Massachusetts Avenue, Lexington, MA 02420, USA (781) 274 8454 www.ensysenergy.com COQA Tulsa, October
More informationHello, my name is from HAI, a national research firm.
Copyright 2014 April 24-30, 2014 400 Interviews New Hampshire HAI3235 Margin of Error: +/- 4.9% Hello, my name is from HAI, a national research firm. [IF LANDLINE] We're conducting a survey in New Hampshire
More information2/11/2014. A Leading North American Energy Infrastructure Company. $38 billion of Commercially-Secured Projects. In-Service by 2015
Buffalo Cleveland Oil Sands Seminars February 2014 Peter Jaskoski, Stakeholder Relations Forward-Looking Information and Non-GAAP Measures This presentation includes certain forward looking information
More informationEnergy Business Unit & Marketing. March 31, 2015 Ray Reipas, Senior Vice President, Energy
March 31, 2015 Ray Reipas, Senior Vice President, Energy Forward Looking Information Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning
More informationWhy Americans Say Yes to Keystone XL OILSANDSFACTCHECK.ORG
Why Americans Say Yes to Keystone XL OILSANDSFACTCHECK.ORG TABLE OF CONTENTS Keystone XL Meets President Obama s Climate Standard 1 Keystone XL Will Increase National Security and Energy Security 3 Keystone
More informationLOCKDOWN: THE END OF GROWTH IN THE TAR SANDS
LOCKDOWN: THE END OF GROWTH IN THE TAR SANDS OCTOBER 2015 This paper was written by Hannah McKinnon, Greg Muttitt and Lorne Stockman. Research and modeling was done by Greg Muttitt. Additional content
More informationBriefing Note: The uncertain prospect of oilsands exports to Asia from Canada s West Coast
Briefing Note: The uncertain prospect of oilsands exports to Asia from Canada s West Coast This briefing note draws from a recent Pembina Institute analysis of the likelihood of near term opportunities
More informationHello, my name is from HAI, a national research firm.
Copyright 2014 April 24-30, 2014 502 Interviews Michigan HAI3237 Margin of Error: +/- 4.4% Hello, my name is from HAI, a national research firm. [IF LANDLINE] We're conducting a survey in Michigan to get
More informationOverview of Canada s Oil Sands Industry
Overview of Canada s Oil Sands Industry CSSE Awards Banquet May 14, 2011 Calgary, Alberta Bob Dunbar Strategy West Inc. 12-1 Photo Source: Syncrude Canada Limited Presentation Outline Industry Overview
More informationTransborder Energy. in North America
Transborder Energy in North America AGENDA NACTS Global perspective North American perspective Key Stone Renewable Energy NACTS NACTS is a consortium of US, Canadian and Mexican universities We promote
More informationPartnership Profile. February 2018
Partnership Profile February 2018 Forward-Looking Information and Non-GAAP Measures This presentation may contain forward-looking statements within the meaning of securities laws. Forward-looking statements
More informationGeopolitics. of Energy Volume 33, Issue 11&12 November-December Special Edition on the Keystone XL Pipeline. Inside this Issue...
Geopolitics of Energy Volume 33, Issue 11&12 November-December 2011 Editor-in-Chief Jon Rozhon Editorial Committee Alberto Cisneros Lavaller Napier Collyns Antoine Halff Vincent Lauerman Julian Lee Michael
More informationUnconventional Energy Markets and Tank Cars
Unconventional Energy Markets and Tank Cars Presentation to NGFA March 2012 Unless otherwise noted, GATX is the source for data provided NYSE: GMT Forward-Looking Statements This document contains statements
More informationHow Oil Prices are Affecting the US and Canadian Energy Sectors
WWW.IBISWORLD.COM January March 2018 2014 1 Follow on head on Master page A March 2018 How Oil Prices are Affecting the US and Canadian Energy Sectors Written by Stephen Morea, Nathaniel Leach and Ediz
More informationNATIONAL ENERGY BOARD HEARING ORDER OH TRANSCANADA KEYSTONE PIPELINE GP LTD. ( KEYSTONE ) KEYSTONE XL PIPELINE APPLICATION
File OF-Fac-Oil-T-00-0 0 NATIONAL ENERGY BOARD HEARING ORDER TRANSCANADA KEYSTONE PIPELINE GP LTD. ( KEYSTONE ) KEYSTONE XL PIPELINE APPLICATION WRITTEN EVIDENCE OF ENBRIDGE PIPELINES INC. ( ENBRIDGE )
More informationPartnership Profile. December 2017
Partnership Profile December 2017 Forward-Looking Information and Non-GAAP Measures This presentation may contain forward-looking statements within the meaning of securities laws. Forward-looking statements
More informationthousand b/d Exhibit 1 PADD 2 Refinery Coker Capacity by District Eastern Midwest Northern Midwest Southern Midwest Oct-16 Oct-10 Oct-12 Oct-15 Oct-14
? Heavy Bets Pay Off for Midwestern Refineries Why PADD 2 refineries passed up shale bounty on their doorstep. Morningstar Commodities Research 27 March 2017 Sandy Fielden Director, Oil and Products Research
More informationPOLITICAL RISK AND THE TRANS MOUNTAIN PIPELINE EXPANSION
POLITICAL RISK AND THE TRANS MOUNTAIN PIPELINE EXPANSION by Robert Lyman @2018 POLITICAL RISK AND THE TRANS MOUNTAIN Page 1 PIPELINE EXPANSION PERCEPTIONS AND FACTS Summary The U.S.-based Institute for
More informationOil Sands Report Ed 1, 2011
Oil Sands Report Ed 1, 2011 Market Intelligence Rising oil prices have renewed interest in oil sands and extra-heavy oil projects. In the two countries with the largest proven reserves, Canada and Venezuela,
More informationPipeline to Nowhere? Prospects and Barriers of Chinese Imports of Canadian Oil. Canada Institute May 5 th, 2011 Nathan Lemphers Policy Analyst
Pipeline to Nowhere? Prospects and Barriers of Chinese Imports of Canadian Oil Canada Institute May 5 th, 2011 Nathan Lemphers Policy Analyst The Pembina Institute The Pembina Institute is an environmental
More informationChallenges to exporting Canadian oilsands crude overseas
February 2012 Briefing note Challenges to exporting Canadian oilsands crude overseas An overview of significant short-term barriers and market uncertainties facing Canadian oilsands exports by Nathan Lemphers
More informationRe-evaluating the Need for the Trans Mountain Expansion Project: the Impacts of Weaker Oil Markets and Keystone XL
Re-evaluating the Need for the Trans Mountain Expansion Project: the Impacts of Weaker Oil Markets and Keystone XL Dr. Thomas Gunton Director of the Resource and Environmental Planning Program School of
More informationThe Oil Sands: What is Needed to Realize the Potential?
The Oil Sands: What is Needed to Realize the Potential? National Buyer/Seller Forum March 25-27, 2008 Edmonton, Alberta Bob Dunbar Strategy West Inc. 1 Photo Source: Syncrude Canada Limited Presentation
More informationLegislative Update: Election-Year Initiatives and Politics
Legislative Update: Election-Year Initiatives and Politics February 1, 2012 Craig S. Brightup The Brightup Group LLC 324 Fourth Street, NE Washington, DC 20002 202-546-7584 (O) craig@thebrightupgroup.com
More informationTransCanada in Alberta. March 2018 Eastern Alberta Trade Corridor
TransCanada in Alberta March 2018 Eastern Alberta Trade Corridor Forward Looking Information This presentation contains certain information that is forward looking and is subject to important risks and
More informationKinder Morgan Canada
*Information contained in this presentation is dated as of 3/24/2011. For current project scope and information on the Trans Mountain Pipeline expansion project, please see www.transmountain.com Kinder
More informationMarket Access for Land Locked North American Crude Oil
Market Access for Land Locked North American Crude Oil TD London Energy Conference January 14, 2013 J. Richard Bird Executive Vice President, Chief Financial Officer & Corporate Development Legal Notice
More informationInter-Provincial Exports
ECONOMIC COMMENTARY Inter-Provincial Exports Highlights: Although the Alberta economy is heavily dependent on international exports Alberta s exports of goods and services to the other provinces and territories
More informationFourth Quarter 2014 Conference Call. February 13, 2015
Fourth Quarter 2014 Conference Call February 13, 2015 Forward Looking Information and Non-GAAP Measures This presentation includes certain forward looking information to help current and potential investors
More informationKeystone XL Assessment
Keystone XL Assessment Prepared by Ensys Energy For the U.S. Department of Energy Office of Policy & International Affairs Final Report December 23 EnSys Energy & Systems, Inc. 1775, Massachusetts Avenue
More informationCrude Oil Forecast, Markets and Pipeline Expansions June 2007
REPORT Crude Oil Forecast, Markets and Pipeline Expansions June 2007 Background The Canadian Association of Petroleum Producers (CAPP) represents 150 producer member companies that explore for, develop
More information1. Are you a resident of the state of California, or are you currently living in another state? TOTAL % Yes 100%
CBRT Environmental Survey MFour Mobile Research Fielding Dates 8/13-8/17 Mode: mobile phone/online to voter matched panelists 1,200 California registered voters TOPLINE 1. Are you a resident of the state
More informationUpdate On Alberta Oil Sands Projects: Keeping Things In Perspective David Knapp Energy Intelligence Group Canada Think Day Center For Energy
Update On Alberta Oil Sands Projects: Keeping Things In Perspective David Knapp Energy Intelligence Group Canada Think Day Center For Energy Economics Houston, Texas - Mar. 9, 2006 OUTLINE The Global Role
More informationImperial announces 2016 financial and operating results
Q4 News Release Calgary, January 31, 2017 Imperial announces 2016 financial and operating results Full-year earnings of $2.2 billion, including gains on retail asset sales of $1.7 billion Increased annual
More informationCanada s Oil & Natural Gas. Market Access The Key to Future Growth. Enabling Responsible Development. Calgary Real Estate Forum October 29, 2013
Canada s Oil & Natural Gas Market Access The Key to Future Growth Calgary Real Estate Forum October 29, 2013 Enabling Responsible Development 2 Canadian Oil Sands Source: Cenovus Global Crude Oil Reserves
More informationCanada s Oil & Natural Gas. Market Access The Key to Future Growth. Calgary Real Estate Forum October 29, 2013
Canada s Oil & Natural Gas Market Access The Key to Future Growth Calgary Real Estate Forum October 29, 2013 Enabling Responsible Development Energy Markets Environment Benefits 2 Canadian Oil Sands Source:
More informationEnergy. Business Plan Accountability Statement. Ministry Overview
Business Plan 2018 21 Energy Accountability Statement This business plan was prepared under my direction, taking into consideration our government s policy decisions as of March 7, 2018. original signed
More information2006 Annual Review. Enbridge Energy Management, L.L.C. Enbridge Energy Partners, L.P Annual Report
Enbridge Energy Partners 2006 Annual Report 2006 Annual Review Enbridge Energy Partners, L.P. Enbridge Energy Management, L.L.C. Adjusted Earnings * Annual Distributions 2.83 3.60 3.70 3.70 3.70 3.70 1.76
More informationFort Hills Sanctioning Investor Conference Call & Webcast
Fort Hills Sanctioning Investor Conference Call & Webcast October 31, 2013 Forward Looking Information Both these slides and the accompanying oral presentation contain certain forward-looking statements
More informationOil. SANDS Myths CLEARING THE AIR. Compiled by
Compiled by Climate change 1. Alberta s greenhouse gas legislation does not require real reductions in emissions from oil sands operations. The Spin: Alberta is a leader in how we manage greenhouse gases...
More informationCERA. The Role of the Canadian Oil Sands in the US Market. Energy Security, Changing Supply Trends, and the Keystone XL Pipeline
The Role of the Canadian Oil Sands in the US Market Energy Security, Changing Supply Trends, and the Keystone XL Pipeline Special Report CERA About the Authors James Burkhard, Managing Director of IHS
More informationALBERTA OIL SANDS: THE FACTS
ALBERTA OIL SANDS: THE FACTS Oil sands are comprised of grains of sand surrounded by a film of water and bitumen. Bitumen, a heavy and viscous oil, is solid in colder temperatures IN 209, THE WORLD IS
More informationWhat America is Thinking on Energy Issues Election Night Poll 2014 November 5, 2014
What America is Thinking on Energy Issues Election Night Poll 2014 November 5, 2014 Presented to: American Petroleum Institute Presented by: Harris Poll Interviewing: November 4, 2014 Respondents: 827
More informationEconomics Society of Northern Alberta
December 214 Economics Society of Northern Alberta 215 Outlook Conference Oil & Gas Outlook Randy Ollenberger Managing Director BMO Capital Markets Crude Oil Outlook Collapse in crude oil prices due to
More informationInnovation in the Oil Sands Industry
Canada s s Oil Sands Innovation in the Oil Sands Industry Canadian Association of Petroleum Producers February 10, 2012 The Global Energy Spotlight on Canada Environment Resource Investment Jobs 2 Oil
More informationPerspectives on North American Pipeline Infrastructure Opportunities
Perspectives on North American Pipeline Infrastructure Opportunities IPLOCA September 2009 Don Wishart, EVP Operations & Major Projects TransCanada Corporation Forward-Looking Information This presentation
More informationTABLE OF CONTENTS TRANSCANADA OVERVIEW
6 MANAGEMENT S DISCUSSION AND ANALYSIS TABLE OF CONTENTS TRANSCANADA OVERVIEW 7 TRANSCANADA S STRATEGY 10 CONSOLIDATED FINANCIAL REVIEW 12 Selected Three-Year Consolidated Financial Data 12 Highlights
More informationMarket Access - The Strategic Imperative Continues
Market Access - The Strategic Imperative Continues Al Monaco, President & CEO TD Securities - Calgary Energy Conference July 9, 2014 Agenda 1. The global energy context 2. North American crude oil fundamentals
More informationThe Keystone Saga. D. H. Burney Senior Strategic Advisor Norton Rose Fulbright
The Keystone Saga D. H. Burney Senior Strategic Advisor Norton Rose Fulbright Remarks to Canada Labour and Employee Relations Network (CLERN) Norton Rose Fulbright, Toronto April 23, 2014 When I spoke
More informationThe Northern Gateway Pipelines Project: Delivering Sustainable Economic and Social Benefits for Canada. Patrick D. Daniel, Enbridge President and CEO
Eric Geddes Breakfast Speaker Series The Northern Gateway Pipelines Project: Delivering Sustainable Economic and Social Benefits for Canada Patrick D. Daniel, Enbridge President and CEO Nov. 30, 2010 Calgary
More informationCOQG and CCQTA Joint Industry Meetings. Canada s Crude Oil Outlook
COQG and CCQTA Joint Industry Meetings Canada s Crude Oil Outlook June 24-25, 2008 Calgary, Alberta Barry Lynch Manager, Oil Markets & Pipelines Canadian Association of Petroleum Producers 140 producer
More informationManagement's Discussion and Analysis
Management's Discussion and Analysis This Management's Discussion and Analysis ("MD&A") of the financial condition and performance of MEG Energy Corp. ("MEG" or the "Corporation") for the year ended December
More informationCANADA S OIL SANDS: A VITAL NATIONAL ASSET
CANADA S OIL SANDS: A VITAL NATIONAL ASSET Canada s oil sands: a vital national asset The world still needs oil 2 THE WORLD STILL NEEDS OIL Countries around the world are developing rapidly and raising
More informationThe Bison Pipeline Project. Public Disclosure Document
The Bison Pipeline Project Public Disclosure Document Who is involved with the Bison project? Bison Pipeline Ltd. (Bison Pipeline), a wholly owned subsidiary of BC Gas Inc., has released a public disclosure
More informationFirst Quarter 2018 Conference Call. April 27, 2018
First Quarter 2018 Conference Call April 27, 2018 Forward Looking Information and Non-GAAP Measures This presentation includes certain forward looking information, including future oriented financial information
More informationBRIK Infrastructure and Bitumen Supply Availability
Government of Alberta BRIK Infrastructure and Bitumen Supply Availability Submitted to Industry: November 2009 Oil Sands Operations, Department of Energy 11/9/2009 Executive Summary Based on bitumen production
More informationFOURTH QUARTER 2017 Report to Shareholders for the period ended December 31, 2017
FOURTH QUARTER 2017 Report to Shareholders for the period ended, 2017 MEG Energy Corp. reported fourth quarter and full-year 2017 operating and financial results on February 8, 2018. Highlights include:
More informationThe Advocacy Strategies and Efforts of Opponents to the Oil Sands and the Keystone XL Pipeline
The Advocacy Strategies and Efforts of Opponents to the Oil Sands and the Keystone XL Pipeline I. Introduction The Oxford dictionary defines advocacy as public support for or recommendation of a particular
More informationAmerica s Crude Exports: Challenge and Opportunity. David Blackmon The Energy Summit October 24, 2018
America s Crude Exports: Challenge and Opportunity David Blackmon The Energy Summit October 24, 2018 Why Policy Matters 1977 - President Jimmy Carter declares a national emergency over the fact that the
More informationCanada s Oil Sands. Valve Manufacturers Association Orlando, Florida October 14 th, Martyn Griggs Manager Oil Sands, CAPP
Canada s Oil Sands Valve Manufacturers Association Orlando, Florida October 14 th, 2011 Martyn Griggs Manager Oil Sands, CAPP Canadian Association of Petroleum Producers Presentation Outline Global & U.S.
More informationLET S TALK ABOUT NORWAY
LET S TALK ABOUT NORWAY When it comes to royalties, many people have questions and opinions about Norway s approach. Comparing an offshore drilling project off the U.S. Gulf Coast, the United Kingdom,
More informationImperial Oil announces estimated fourth quarter financial and operating results
Q4 news release FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2013 Calgary, January 30, 2014 Imperial Oil announces estimated fourth quarter financial and operating results Fourth quarter Twelve months (millions
More informationAmerican Trade News Highlights for Spring, 2013: The Keystone XL: To Choose Economic Triumph, or Environmental Disaster
Law and Business Review of the Americas Volume 19 2013 American Trade News Highlights for Spring, 2013: The Keystone XL: To Choose Economic Triumph, or Environmental Disaster Sarah Bridges Follow this
More informationKeystone XL Assessment No Expansion Update
Keystone XL Assessment No Expansion Update Prepared by Ensys Energy & Navigistics Consulting For the U.S. Department of Energy & the U.S. Department of State Final Report August 12 EnSys Energy & Systems,
More informationThe Cost of Pipeline Constraints in Canada
FRASER RESEARCHBULLETIN FROM THE CENTRE FOR NATURAL RESOURCE STUDIES May 2018 The Cost of Pipeline Constraints in Canada by Elmira Aliakbari and Ashley Stedman Main Conclusions Despite the steady growth
More informationexceptional shareholder returns in a rising petroleum market
March 2011 exceptional shareholder returns in a rising petroleum market 1 INVESTMENT HIGHlightS DEVELOPMENT & PRODUCTION PLAN Strata is progressing forward with its USD $250 million five-phase capital
More informationImperial announces 2017 financial and operating results
Q4 News Release Calgary, February 2, 2018 Imperial announces 2017 financial and operating results Full-year earnings of $490 million; $1,056 million excluding upstream non-cash impairment charges Progressing
More information